Connect Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,514,368 | 1,827,350 | −312,982 | -0.8 | 50% |
| 2012 | 1,989,528 | 2,052,524 | −62,996 | -1.1 | 51% |
| 2013 | 3,415,756 | 3,195,167 | 220,589 | 0.1 | 44% |
| 2014 | 3,498,201 | 3,058,821 | 439,380 | 1.9 | 49% |
| 2015 | 2,678,762 | 2,747,872 | −69,110 | 1.8 | 50% |
| 2016 | 2,041,375 | 2,402,858 | −361,483 | 0.2 | 54% |
| 2017 | 2,152,080 | 2,188,879 | −36,799 | 0.0 | 63% |
| 2018 | 1,895,067 | 1,828,212 | 66,855 | 0.5 | 64% |
| 2019 | 1,693,824 | 1,607,000 | 86,824 | 1.2 | 60% |
| 2020 | 2,329,824 | 2,065,256 | 264,568 | 2.0 | 62% |
| 2021 | 1,425,572 | 1,447,084 | −21,512 | 2.7 | 86% |
| 2022 | 2,690,604 | 2,206,445 | 484,159 | 5.2 | 63% |
| 2023 | 2,562,877 | 2,217,821 | 345,056 | 7.0 | 74% |
In its most recent public year (2023), this organization brought in $345,056 more than it spent. Its reserves stood at about 7 months of spending, up from -0.8 in 2011. Staff pay was 74% of spending. $958,908 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Connect Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works